diff --git a/CMakeLists.txt b/CMakeLists.txt
index e6c3f77eac..a85cfe43ba 100644
--- a/CMakeLists.txt
+++ b/CMakeLists.txt
@@ -3,7 +3,7 @@ cmake_minimum_required(VERSION 3.10.2 FATAL_ERROR)
 #============================================================================
 # Initialize the project
 #============================================================================
-project(gz-sim8 VERSION 8.4.0)
+project(gz-sim8 VERSION 8.5.0)
 set (GZ_DISTRIBUTION "Harmonic")
 
 #============================================================================
diff --git a/Changelog.md b/Changelog.md
index b6d5dc3c2b..7a4ba62198 100644
--- a/Changelog.md
+++ b/Changelog.md
@@ -1,5 +1,25 @@
 ## Gazebo Sim 8.x
 
+### Gazebo Sim 8.5.0 (2024-06-26)
+
+1. Backport: Adding cone primitives
+    * [Pull request #2404](https://github.com/gazebosim/gz-sim/pull/2404)
+
+1. Permit to run gz sim -g on Windows
+    * [Pull request #2382](https://github.com/gazebosim/gz-sim/pull/2382)
+
+1. Parse voxel resolution SDF param when decomposing meshes
+    * [Pull request #2445](https://github.com/gazebosim/gz-sim/pull/2445)
+
+1. Fix model command api test
+    * [Pull request #2444](https://github.com/gazebosim/gz-sim/pull/2444)
+
+1. Add tutorial for using the Pose component
+    * [Pull request #2219](https://github.com/gazebosim/gz-sim/pull/2219)
+
+1. Do not update sensors if it a triggered sensor
+    * [Pull request #2443](https://github.com/gazebosim/gz-sim/pull/2443)
+
 ### Gazebo Sim 8.4.0 (2024-06-12)
 
 1. Add pause run tutorial
diff --git a/package.xml b/package.xml
index 09ca32a77e..a655c2508c 100644
--- a/package.xml
+++ b/package.xml
@@ -2,7 +2,7 @@
 <?xml-model href="http://download.ros.org/schema/package_format2.xsd" schematypens="http://www.w3.org/2001/XMLSchema"?>
 <package format="2">
   <name>gz-sim8</name>
-  <version>8.4.0</version>
+  <version>8.5.0</version>
   <description>Gazebo Sim : A Robotic Simulator</description>
   <maintainer email="mjcarroll@intrinsic.ai">Michael Carroll</maintainer>
   <license>Apache License 2.0</license>